Market Overview for Technology for Aging in Place

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IoT and home monitoring

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IoT and home monitoring

Six technology-enabled innovations for older adults from 2016

Tech announcements spew forth, fast and furiously – but most do not help older adults.  Stay tuned and hopeful if you can, to the hundreds of announcements that will pour forth in the coming weeks from CES 2017 – hopefully a number of them focused on or at least interested in the care and/or services related to an aging population – and yes, according to the CDC, if one lives to age 65, life expectancy is unchanged. In the meantime, let’s reflect on 2016, which saw the rise in awareness of future caregiver shortages, shortages in family time, but not shortages in investor money:

SensePeanutTM Product Line Makes Keeping Tabs on Belongings and Valuables

12/02/2016

December 2, 2016 – PARIS – Sen.se, an early pioneer of the Internet of Things industry, today announced the availability of GuardPeanutTM, an affordable, portable smart sensor that can be placed on any valuable or prized possession to provide notifications and automatic sound alerts when the item has been tampered with, on the verge of being stolen or moved.

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Independa Launches AnyTV Companion to Broaden Support and Ease of Remote Engagement and Care

11/17/2016

San Diego -- November 16, 2016 -- 5:00 a.m. PT -- Independa, Inc., the global leader in remote engagement technologies, today announced the launch of the Independa AnyTV Companion™. The device is immediately available and allows any TV with an HDMI connection to become Independa-enabled, delivering the best remote engagement and operational efficiencies, whether in a senior living community or at home.

Technology-powered Care Management and Virtual Caregiving Services

10/07/2016

GrandCare Systems (GC) and AllHealth CHOICE (AHC) announced today at the Louisville Innovation Summit that they have formed a strategic alliance for AllHealth CHOICE’s exclusive integration of CHARLIE, a GrandCare technology, in its innovative virtual caregiving and care management service.  CHARLIE was designed to enable the elderly, chronically-ill, and disabled population to remain independent, healthy, and safe at home.

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Five technologies to help care for older adults – September, 2016

Behold more startup efforts to help with care.  You must admire this. The energy and entrepreneurial enthusiasm driving new entrants is astounding. And if at first, an idea does not take hold, note the founder of that one may appear in a new variant. You know that doctors can now bill for end-of-life conversations. And no surprise, a tool emerges that helps doctors with these conversations. One adds to the lengthy nationwide list of 'telephone reassurance' service providers. And there is even a directory. The offerings below are selected from recent press releases, startup finalists, and conversations. Note that the alphabetically-listed material is all drawn from the content provided by the companies:

Five tips for startups and enterprises with 2016-2017 offerings

It’s timely – we are entering the competition/event season.  School has started and so has the search for innovation.  To name a few: Stanford has launched a design competition for Innovating Aging in Place. And the day approaches for the Aging 2.0 Global Search Finalists to present. Meanwhile the CTA (Consumer Technology Association) Foundation launched its video contest for startups who want booth space at CES; and the Louisville Innovation Summit announced its pitch finalists. And those are just those in the older adult market segment, not even counting what may be initiated by LeadingAge or Argentum in senior housing or the plethora of upcoming health-related innovation conferences.

Iamfine Daily Phone Check-in Service Triples Installed Base In Under Six Months

07/20/2016

CARSON CITY, Nev., July 20, 2016 /PRNewswire/ -- Iamfine.com today announced rapid growth for its daily telephone check-in service, more than tripling users over the past six months.  As the leading telephone reassurance service provider in the industry, Iamfine sees this growth as validation of an elder care market need and an optimistic sign for the future of aging in place services. 

Sen.se Launches ThermoPeanut™ the Hottest IoT Sensor on the Market

09/01/2016

September 1, 2016 – BERLIN, GERMANY – Sen.se, an early pioneer of the Internet of Things industry, today announced the availability of ThermoPeanut™, an affordable, intuitive smart sensor that can monitor temperature in-and-around the home to provide alerts and trigger automated interventions in response to heat fluctuations.

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